Article
Global Demand Destruction: Subsidies, Empty Gas Stations, Rationing, Flight Cancelations, Export Limits, Price Controls
Global Demand Destruction: Subsidies, Empty Gas Stations, Rationing, Flight Cancelations, Export Limits, Price Controls
In the past two weeks we have discussed demand destruction as a result of soaring oil prices (here and here), and we are increasingly seeing anecdotal evidence of just that (here is a table from Goldman we showed previously, laying out where demand destruction is most acute).
We start, as always, with Asia which has emerged as ground zero of the global energy crisis - as a reminder last week we first presented a map by JPMorgan's...
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Mar 23, 2026 / Tyler Durden
Quad Amputee Cornhole Pro Accused Of Murder, Tesla Getaway
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A quad-amputee professional cornhole player has been accused of shooting a man in Maryland before driving off in his Tesla with the corpse, or dying guy (unclear), leaving everyone stumped.
NEW: Quadruple amputee professional cornhole player accused of murdering someone before driving off in his Tesla.
Dayton Webber, 27, who has no arms & legs and was featured on ESPN, is accused of shooting 27-year-old Bradrick Michael Wells during an argument.
"Police say Webber… pic.twitter.com/5J1UNoQccB
— Collin Rugg (@CollinRugg) March 23, 2026
"It’s early in the...
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Mar 21, 2026 / Tyler Durden
The Private Credit Crisis Is Spreading
The Private Credit Crisis Is Spreading
Submitted by QTR's Fringe Finance
The private credit crisis is spreading to another corner of the market that I warned about back in October, when I wrote about 10 parts of the market I’d avoid.
For years I’ve been warning that buy now pay later (“BNPL”) industry was built on a pretty fragile foundation. The quality of the loans was always the obvious problem. The entire business model revolves around extending instant credit with minimal underwriting to consumers making small purchases.
Companies whose primary innovation is allowing consumers to...
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Mar 18, 2026 / Mises Institute
Call for Submissions: 10th Annual Madrid Conference on Austrian Economics




